CNBC Mad Money’s Jim Cramer (denoted JC, below) posted on twitter that he is bearish on a number of sectors. He sees a few solid high fliers holding up risk aversion increases. Risk aversion increased substantially after Greece said that it would not be able to meet the requirements set by its International lenders. Lenders, including the Fed officials from the United States, want to examine Greece’s books in more detail. JC: Europe is abysmal as the inevitable doesn't yet happen...

Is Berkshire Hathaway not too big to fail? According to a report from The Financial Times, the Bank of England has asked the US Treasury why Berkshire Hathaway's reinsurance operations were left off a list of "too big to fail" institutions.

By Brett Owens:Can the last value investor out the door please turn off the lights?Trust me, you're it - Uncle Warren left the party a decade ago.The Oracle of Omaha continues to put up the folksy "value investor" front. But if you comb through his annual shareholder letters and analyze his investments through the years, you'll see he's not really a value guy anymore.
When the Facts Changed, Warren Buffet Changed His Mind

Some of Warren Buffett's favorite stocks are having a rough month, notes @ReformedBroker. The "Oracle of Omaha" is one of the largest shareholders of IBM, which reported disappointing third-quarter earnings results on Monday.